Middle East Economic Survey

VOL. LIII

No 47

22-Nov-2010

UAE

ADPC Launches First Phase Of Kizad Economic Zone

State-owned Abu Dhabi Ports Company (ADPC) has launched the first phase in the development of its 417 sq km Khalifa Industrial Zone (Kizad), a special economic zone in which foreign investors will be able to set up wholly-owned companies. Not all investors will receive 100% ownership. There will be a dual operating mode, a mix of 100% foreign ownership and joint ventures. It will be...